Life Insurance Business Development Executive

2 days ago


Kuwait City, Al Asimah Hrinvest Full time
About Us:
Hrinvest is a reputable public shareholding company with a strong presence in the Middle East and North Africa. Our organization is dedicated to providing exceptional services and products to our clients. As a leading insurer in Kuwait, we maintain a strong competitive position in Kuwait, Jordan, Bahrain, and Egypt.

We operate in multiple regions including the UAE, Saudi Arabia, Turkey, Algeria, Oman, Qatar, Iraq, and Lebanon. Our diverse geographical presence reflects our extensive market reach and stability. We are committed to excellence and continuously strive to improve and innovate our services.

About the Role:
The Life Underwriting Manager is responsible for overseeing the development, governance, and administration of life insurance provisions. This individual will ensure efficient service delivery and maximize performance and value against pre-agreed targets. They will also manage the underwriting department's strategic and operational activities while adhering to the company's ethics and policies.

About You:
Candidates seeking this role should possess the following qualifications:
  1. Post Graduate Diploma (Bachelor Degree + 1 or 2 year diploma) or equivalent degree with 10 years of relevant experience, in which Minimum of 5 years in a management role.
  2. Bachelor's degree in Actuarial Science, Pharmacy, Accounting, Business Administration, Finance, Insurance, or a related field (12th Standard + 3 years or 4 years degree) with 12 years of relevant experience.
  3. FLMI/LOMA/CII certification is required.
  4. Experience in Formulating strategic plans and budgets for the Life Underwriting Department.
  5. Ability to identify and implement best practices to align with industry trends and standards across the groups.
  6. Experience in overseeing daily operations, improving procedures, and managing profitability and risk assessment.
  7. Strong leadership and team management skills.
  8. Strong analytical, interpersonal, and organizational skills.
  9. Preferred Bilingual (English and Arabic - reading, writing, and speaking).


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